Hal Crane, Realtor
OCEAN REEF PROPERTIES
REAL ESTATE CONSULTING GROUP
Purchasing a piece of Real Estate is a time consuming and often stressful experience even for the seasoned buyer. The market is ever changing and a Realtor can guide you through the process and eliminate obstacles and make sure there are no disappointments during the transaction.
Furthermore your Realtor is better suited to negotiate on your behalf because they are trained to do this every day. Granted some may be better than others, but all of them possess these essential skills when it comes to creating dialogue and following through to reach a "meeting of the minds."
Foremost to this process is the Agent's fiduciary responsibility to the buyer. By law these duties are owed exclusively to the buyer and consists of:
Undivided Loyalty, Obedience, Diligence, Disclosure, Confidentiality, Accountability & Reasonable Skill and Care.
Here is a condensed list of the additional essential tasks that should be handled by a qualified Buyer's Agent.
* Be an adviser and advocate during the entire property buying process.
* Take time to discover the buyer's needs and wants as well as their motivating factors.
* Educate the buyer on current market conditions, recent sales, research comparable properties for their review.
* Find ways for the buyer to attain as many of their needs as possible when dealing with the realities of the marketplace and/or specific financial constraints.
* Research properties in the area and make suggestions after cross referencing the buyer's needs. Items like school districts, work commutes and tax base are always a concern.
* Help buyers achieve their lifestyle needs with a different set of features than originally anticipated (like associated with changes in financing or price point)
* Aid buyers to narrow their search until they have identified their top choices.
* Handle all aspects of the negotiation process including preparation of all forms, contracts, & addenda involved in an offer and counter offer.
* Provide oversight, scheduling and follow up for any inspections deemed necessary.
* Council buyers on how to handle any repairs that might be needed.
* Be present at closing to ensure that all of the buyer's interests are protected.
Buyer's Agents offer skills in understanding, evaluating, and presenting property information to insure the buyer has all of the necessary material to make a qualified decision in the purchasing process. It is the Buyer's Agents responsibility to protect the buyer's interest at all times, negotiate the very best price and terms, and follow the transaction from start to finish.
If it is done properly and professionally, everyone benefits. If ignored or not executed correctly, then everyone suffers.